Durham-based NET Power reached yet another important milestone in its effort to produce clean power from fossil fuels.
NET Power engineers have begun testing a near-zero-emissions natural gas plant in La Porte, Texas. According to NET Power, it uses a “patented thermodynamic cycle called the Allam Cycle, which is able to generate lower-cost power from fossil fuels than from existing power plants, while eliminating all air emissions, including carbon dioxide.”
NET Power is a collaboration between Chicago-based energy producer Exelon Corp., Houston-based engineering company McDermott, and North Carolina-based technology funder 8 Rivers Capital.
– Mike Trainor, S&A Communications